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Uncovering the Benefits of Clear Risk Statements

Project Risk Coach

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

Risk 397
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7 Ways to Identify Risks

Project Risk Coach

Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. They get the team together, identify lots of risks, and enter them into an Excel spreadsheet. However, the risks are never discussed again. When to Identify Risks.

Risk 306
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Project Risks and Issues – What’s the Difference?

Project Risk Coach

And it's costing you more time and energy than you thought possible. Well, let's talk about project risks and issues, the differences, and why it's so important to manage risks. What is Risk? Let's examine a risk statement and underscore some key attributes of risks. So, how does an issue differ from a risk?

Risk 265
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How to Track Resource Availability In Project Management

ProjectManager.com

Executing projects to meet deadlines without overspending the budget requires a project manager to understand resource availability. Being able to coordinate the resources you need to deliver your project is key to a successful project that meets its deadline and keeps to its budget. For most projects, energy is electricity.

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Industrial Construction: Examples of Industrial Projects

ProjectManager.com

There’s a boiler that heats water to produce steam, turbines to expand the steam to create mechanical energy and a generator that converts that mechanical energy from the turbine into electricity energy. This energy needs to be then delivered outside of the building, all of which creates a complicated and long process.

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How to Make a Maintenance Schedule (Template Included)

ProjectManager.com

It keeps equipment in optimal working condition, which leads to more efficiency and quality and keeps work on time and within budget. Implementing a maintenance schedule will solve problems before they can risk breaking down machinery and stopping production, which leads to delays and added costs.

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Project Management Apprenticeships: A UK Guide

Rebel’s Guide to PM

The formulation of business cases, risk and problem management, cost control, project scope, budgeting, and schedule management are among the fundamental skills that your apprentices will master in this environment.” It should make you much more attractive to employers as they know you’ve put your learning into practice.